Volta Charging

Volta Charging was an American electric vehicle infrastructure company. As of September 2021, the company had installed more than 2,000 charging stations in twenty-three U.S. states.[1]

Volta charging stations were compatible with all major plug-in hybrid and battery electric vehicle types in the United States and had a digital screen featuring advertisements. Generally, charging a vehicle at a Volta station was free, because Volta was supported by advertisements.[2]

On March31, 2023, ShellUSA acquired the company for approximately $169million.[3]

On August4, 2025, Shell informed Volta employees that it would shut down the company and dismantle all charging stations by the end of the year;[4] instead Volta was acquired by Australian company Jolt in November 2025.[5]

History

Volta Charging was founded in Hawaii in 2010 by Scott Mercer, Christopher Ching, Michael Menendez, and Chris Wendel.[6][1][7][8] Leonardo DiCaprio was an early investor in the company.[9][10][11]

In February 2021, it announced a special-purpose acquisition company merger with Tortoise Acquisition Company II.[12] After completing the merger, Volta went public on the New York Stock Exchange on August 27, 2021.[12][13]

By September 2021, the company had installed more than 2,000 charging stations in twenty-three U.S. states.[1] In November, Volta partnered with Topgolf to install charging stations at Topgolf entertainment centers across the United States.[14]

In the third financial quarter of 2021, Volta's revenues increased 77 percent year-over-year to $8.5 million.[10] In March 2023 the company was acquired by Shell USA in an all-cash deal.[15]

See also

• Charging station
• Plug-in vehicle
• Plug-in hybrid vehicle

External links